Goliat subsea contract to Aker Solutions

16 September 2009 - Aker Solutions has signed a contract with Eni Norge AS to deliver a subsea production system to the operator's Goliat field development in the Barents Sea. Contract value is approximately NOK 2.3 billion.

16 September 2009 - Aker Solutions has signed a contract with Eni Norge AS to deliver a subsea production system to the operator's Goliat field development in the Barents Sea. Contract value is approximately NOK 2.3 billion.

Scope of work comprises engineering, procurement and construction (EPC) of a complete subsea production system. Subsea hardware deliveries include eight overtrawlable four-slot subsea templates with manifolds, 24 subsea trees, subsea control systems, 20 kilometres of steel tube umbilicals, work-over equipment and a tie-in and connection system.

"We have a strategy of being the preferred partner for oil companies' field developments in deep waters and harsh climates. The Goliat subsea contract confirms a confidence in our technology, solutions and capability to deliver," says Simen Lieungh, President and CEO of Aker Solutions.

Aker Solutions will utilise large parts of its Norwegian manufacturing network to deliver the subsea equipment to Goliat. Subsea trees will be manufactured at Aker Solutions' facility at Tranby, steel tube umbilicals in Moss, while templates and manifolds will come from the company's Egersund yard. Subsea control systems will be manufactured in Aberdeen. The project will be managed from Aker Solutions' head office at Fornebu, Norway.

"This is one of the major subsea projects that will be awarded in 2009, and it has been a key target for us. It will give us a higher degree of predictability for our manufacturing and support facilities in Norway, and also involve a significant contribution to boosting the offshore support related activity locally in the Hammerfest region," says Mads Andersen, executive vice president of Aker Solutions' subsea business area.

"Although Goliat in many ways will be a reference project for field developments in the Barents Sea, it is important to stress that the technologies we will be using have already been field proven elsewhere and are specifically selected for this environmentally sensitive area. We will execute this project fully in line with demanding environmental standards," adds Andersen.

Deliveries of the subsea equipment will start in 2011 and run through 2013.

The Goliat field is an oil and gas field located in the Barents Sea, approximately 85 kilometres north-west of Hammerfest.

Aker Solutions' contract party is Aker Subsea AS.

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